DOXA

Project Name

Project Tagline/Description (140 Characters Max. Will be used on table card for judging)

A Blockchain-Based Lottery System with Savings and Staking in Mind.

Team Members

Brennan Fife
Elise Schedler
Parth Shah
Nima Cheraghi

Status.im ID for Each Team Member

@brennan, @easched, @nima

Detailed Project Description (no more than 3-4 sentences)

DUXO is a blockchain-based lottery system, looking to take advantage of the technology's transparent and secure nature. Currently, we are incorporating two types of lottery systems: lotto-based (similar to a Powerball / Mega Millions) and Prize-Linked Saving Accounts, where users are allowed to play based off of the interest within the pot (thus, losing no initial funds). The lotto use case is not only under-represented within the blockchain ecosystem, but the PLSA's would offer potential benefits that would entice various forms of legislation to see potential benefits with a more efficient system.